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9533 Somerset Blvd Bellflower, CA 90706
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Key Details
Sold Price $1,720,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 5,834 sqft
Price per Sqft $294
MLS Listing ID 22-196779
Sold Date 12/22/22
Bedrooms 10
Year Built 1955
Lot Size 0.331 Acres
Acres 0.1653
Property Description
We are pleased to present the opportunity to acquire The Somerset Apartments, a 9-unit single story apartment building located in Bellflower, CA. Built in 1952; the property offers (2) 2 bedroom units, (6) 1 bedroom units, and (1)studio unit. Each unit is spacious and some contain either a patio or small yard. Parking includes garage, open, and covered parking. The Somerset Apartments offers an investor the opportunity to acquire an income producing asset with over 65% upside in rents and over a 6.5% cap rate on market rents.
Location
State CA
County Los Angeles
Area Bellflower N Of Alondra, W Of Bellflower
Zoning BFR3YY
Rooms
Other Rooms Other
Interior
Heating Wall
Cooling Wall/Window
Equipment None
Exterior
Parking Features Covered Parking
Garage Spaces 9.0
Building
Lot Description 2-4 Lots
Story 1
Sewer In Street
Water Water District
Others
Special Listing Condition Standard
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Bought with Skyline Commercial Real Estate
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